South Korean cryptocurrency exchange Upbit has concluded its review and removed restrictions on Bitunix exchange. This decision allows Bitunix to resume normal operations in South Korea.
Although details of the review are not provided, the removal of restrictions by Upbit indicates that Bitunix has met the necessary requirements to operate in the country. The review process is part of the regulatory measures in place to ensure that cryptocurrency exchanges comply with South Korean laws and regulations.
The removal of restrictions on Bitunix is expected to have a positive impact on the South Korean cryptocurrency market. With Bitunix resuming normal operations, users in the country will have more options for buying and selling cryptocurrencies. The development is also seen as a sign of the growing cryptocurrency market in South Korea, with exchanges like Upbit playing a crucial role in shaping the industry.
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